RBI likely to raise rates by 25 basis points

Amidst high food inflation, falling industry output and uncertain crude oil prices, the Reserve Bank is likely to raise key policy rates by 25 basis points in its mid-quarterly review tomorrow, say......

RBI status quo on rates, CRR expected: Bankers

Bankers on Thursday said the status quo in the monetary stance of the Reserve Bank is largely on expected lines taken after considering the tight liquidity situation and overall cooling inflation......

Banks get aggressive for deposits

Deposit rates have increased over 100 basis points (bps)in the last ten days, as banks are getting aggressive to mobilise resources to fund the growing demand for loans in the busy season. In the......

Govt clears names of 20 public sector bank heads

The government on Wednesday approved 20 senior-level appointments in public sector banks. While the appointments for the post of chairman and managing directorwere announced for Canara Bank,......